Fleet Car Leasing
The Fleet Car Leasing industry has experienced significant swings in revenue over the past five years. In the initial stages of the economic recovery, downstream businesses seeking to bolster their profit margins increasingly entered lease agreements to avoid the high up-front costs of new fleet purchases, which led to a surge in industry revenue. However, the long-term nature of these contracts dampened demand for new leases in the years following, while budget constraints weakened revenue from state and local government agencies. As a result, following immense growth in 2012, revenue contracted for two consecutive years. Improving economic conditions are expected to stabilize industry revenue in the next five years, although a better business climate also threatens leasing companies by making customers more financially able to invest in new fleet purchases. Nevertheless, the industry is expected to grow strongly overall in the five years to 2020.
Companies in this industry lease fleets of vehicles to corporations, small businesses and government institutions. Fleet car leasing companies provide all types of vehicles, including cars, trucks, SUVs, vans and buses. Leasing options can include short-term, open-end and closed-end agreements.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ARI Fleet Leasing
GE Capital Fleet Services
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